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Wave-4 Characteristics
????????Often the most difficult wave to trade
????????Trend is still up
????????Extended range trading possible, and irregulars very common
????????Seen as buying opportunity.
????????Forms first support in head and shoulders neckline
????????Preferably, trend line drawn from start of wave bottom of wave-2 is not breached
????????Often the most difficult wave to trade
????????Trend is still up
????????Extended range trading possible, and irregulars very common
????????Seen as buying opportunity.
????????Forms first support in head and shoulders neckline
????????Preferably, trend line drawn from start of wave bottom of wave-2 is not breached